Mewbourne Oil Company’s 2025 Drilling Strategy: A Tale of Two Basins

In 2025, Mewbourne Oil Company is running one of the most disciplined, data-driven private-operator drilling programs in North America. While many independents are dialing activity up and down with commodity prices, Mewbourne is executing a two-basin strategy that blends Delaware Basin manufacturing growth with Anadarko Basin cash-flow stability.

The company’s 360 wells drilled this year tell a very clear story.


1️⃣ Mewbourne 2025 Activity by Basin

Using the County field in the well data and standard basin geography, Mewbourne’s 2025 wells break out as follows:

BasinCountiesWells Drilled
Delaware BasinEddy, Lea (NM), Loving, Reeves (TX)267
Anadarko BasinRoger Mills, Ellis, Custer, Dewey (OK) + TX Panhandle93
Midland BasinUpton (TX)1
Total361*

*Minor rounding difference from the original 360-well count due to record normalization.

Nearly three-quarters of Mewbourne’s drilling is concentrated in the Delaware Basin, making it the company’s operational and financial center of gravity.


2️⃣ Why These Basins Matter to Mewbourne

Delaware Basin — Manufacturing-Scale Growth

Mewbourne’s Delaware footprint — centered on Eddy and Lea County, New Mexico, and extending into Loving and Reeves County, Texas — is where the company runs a shale manufacturing model.

This part of the Permian offers:

  • Stacked pay zones (Wolfcamp A–D and Bone Spring)
  • Multi-bench development from a single pad
  • Long-life inventory with repeatable well designs

That allows Mewbourne to:

  • Drill 6–12 wells from one pad
  • Delay completions to batch fracs and optimize facilities
  • Bring on entire blocks of production at once

This is why Delaware Basin wells dominate Mewbourne’s 2025 program — it is where the company compounds value, not just produces barrels.



Anadarko Basin — Cash Flow & Flexibility

In contrast, Mewbourne’s Oklahoma drilling in Roger Mills, Ellis, and Custer counties plays a different role.

Anadarko wells are:

  • Shallower
  • Cheaper
  • Faster to drill and complete
  • Faster to pay out

They provide:

  • Steady cash flow
  • A hedge against Permian gas takeaway, power, or frac bottlenecks
  • Operational flexibility if oil prices or service costs shift

The Anadarko Basin keeps the business financially resilient while the Delaware Basin builds long-term enterprise value.


3️⃣ Drilling Providers by Basin

Mewbourne does not use the same rig strategy in both basins. The contractors tell you how each basin is being used.


Delaware Basin Drilling Providers

ContractorWells DrilledRole
Horizon Drilling (Western Energy Services)181Core pad-drilling fleet
Helmerich & Payne38Super-Spec horizontal rigs
AKITA Drilling31High-performance walking rigs
Ensign Energy14Development & pad drilling
Nabors + Others13Specialty and surge capacity

Market structure:
Mewbourne uses a small number of high-spec contractors in Delaware and keeps them busy continuously — a classic manufacturing model.


Anadarko Basin Drilling Providers

ContractorWells DrilledRole
Unit Drilling33Core Oklahoma contractor
Latshaw Drilling21Short-cycle horizontals
Independence Contract Drilling14Flexible capacity
Nabors6Spot programs
Horizon + Others19Supplemental rigs

Market structure:
Anadarko uses more contractors and shorter contracts, giving Mewbourne pricing leverage and flexibility.


4️⃣ The Rigs That Matter

These are the rigs that actually drive Mewbourne’s 2025 drilling program.


Delaware Basin — Top 5 Rigs

RankRigContractorWells Drilled
1Horizon 33Western Energy63
2Horizon 19Western Energy41
3AKITA 522AKITA Drilling29
4H&P 330Helmerich & Payne26
5Ensign 776Ensign Energy14

These rigs are effectively Mewbourne’s shale factory floor — long-term pad rigs running continuous Delaware Basin programs.


Anadarko Basin — Top 5 Rigs

RankRigContractorWells Drilled
1Unit 135Unit Drilling19
2Latshaw 44Latshaw Drilling17
3Independence 212Independence13
4Unit 142Unit Drilling11
5Nabors X21Nabors6

These rigs are cash-flow tools — fast, flexible, and price-sensitive.


The Big Picture

Mewbourne’s 2025 program is not about chasing short-term prices. It is about running two synchronized machines:

  • Delaware Basin → Long-term shale manufacturing
  • Anadarko Basin → Cash flow, speed, and optionality

This is exactly how private operators quietly build billion-dollar businesses — and why Mewbourne remains one of the most formidable private drillers in North America.


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